Latest news with #HanwhaSystemsCo.
Korea Herald
23-06-2025
- Business
- Korea Herald
Hanwha Systems signs MOU with Northrop Grumman for collaboration on air defense systems
Hanwha Systems Co., a defense solutions unit under South Korea's Hanwha Group, said Monday it has signed a memorandum of understanding with US defense giant Northrop Grumman Corp. to jointly advance integrated air defense systems. The agreement focuses on enhancing technological collaboration in air defense command and control systems and exploring new business opportunities in Korea, according to Hanwha Systems. Northrop Grumman is the developer of the Integrated Air and Missile Defense Battle Command System, regarded as one of the most advanced air defense command and control platforms in the world. IBCS integrates radar and interceptor systems across land, sea and air to build a dense and flexible air defense network, enabling coordinated responses to a range of threats. It is currently being deployed by the US Army and evaluated for expansion in Europe and other regions. Hanwha Systems emphasized that the partnership will combine Northrop Grumman's expertise in air defense technologies with its own advanced command and control capabilities, such as the Korea Air and Missile Defense Operations Center, for more advanced air defense solutions. The partnership will also play a pivotal role in helping Hanwha Systems develop next-generation air defense solutions, further bolstering its capabilities in the global defense market, the company added. "Hanwha is undergoing a bold transformation to become a leading global defense company," said Park Sung-kyun, vice president and business director of the defense electronics division at Hanwha Systems. "Our partnership reflects our ambition to lead the development of next-generation weapon systems and strengthen our position in the global market."(Yonhap)
Korea Herald
27-05-2025
- Business
- Korea Herald
Hanwha Systems wins W54.7b contract to develop radar for next-gen missile defense system
Hanwha Systems Co. said Tuesday it has been selected as the developer of a multifunction radar prototype for South Korea's next-generation long-range surface-to-air missile defense system. The company said it has won a 54.7 billion-won ($40 million) contract from the state-run Agency for Defense Development to develop a MFR prototype as part of the second phase of the L-SAM system upgrade. A MFR is responsible for real-time detection, tracking of multiple incoming targets and missile guidance. The prototype will be equipped with high-precision functionalities to extend the detection and tracking range for ballistic missile threats, surpassing those of the current L-SAM system. Hanwha Systems previously developed and supplied MFRs for the Cheongung and Cheongung-II systems. It is also the radar systems provider for the next-generation Korean destroyer KDDX and the homegrown KF-21 fighter jet. "We are committed to developing world-class, high-performance radar solutions to help the Korean military respond effectively to evolving aerial threats," said Park Hyuk, head of Hanwha Systems' defense electronics division. (Yonhap)
